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Marin
Living in a rural area located in the Kror Kor district of Pursat province, Marin is 54 years old and married with four children, one of whom is dependent on her and still in school. To support her family, she has been farming rice for thirty years and supplements her family’s income by raising pigs. From the current business, she can earn about 20,000 KHR per day and can save about 10,000 KHR each day for future needs. Insufficient working capital is still the main challenge for her current business.

This is the second loan for Marin with Kiva’s partner, VisionFund and she fully paid back the first loan. The first loan has helped her better support her family. Now she is applying for a new loan of 1,500,000 KHR. Marin is going to use this loan to buy more piglets for raising. She hopes to grow her current business to earn a larger income so as to make convenient living conditions.

Additional Information

About VisionFund Cambodia

VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.

Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.

About Cambodia

  • $2,600
    Average annual income
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 4,032.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marin to buy more piglets to raise.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014